How long on average does it take to collect payment

Reference no: EM13265512

West Coast Sports has total sales of $318,000, cost of goods sold of $241,000, and an average receivables balance of $38,200. How long on average does it take to collect payment from a customer?

Reference no: EM13265512

Questions Cloud

Subtotal of the sale, the amount of sales tax and the total : A customer in a store is purchasing five items. Design a program that asks for the price of each item, and then displays the subtotal of the sale, the amount of sales tax and the total. Assume the sales tax is 6 perce

Explain what is the final concentration : 55.0 mL of a 1.70 M solution is diluted to a volume of 278 mL. A 139 mL portion of that solution is diluted using 175 mL of water. What is the final concentration

What is the times interest earned ratio : Dexter's. has net income of $11,000, interest of $480, cost of goods sold of $31,500, and depreciation of $900. What is the times interest earned ratio if the tax rate is 35 percent?

Find the theoretical efficiency and the actual efficiency : A heat engine absorbs 21000 J from a hot reservoir at 257 degrees C and expels 15000 J to a cold reservoir at 37 degrees C in each cycle. Find the theoretical efficiency and the actual efficiency

How long on average does it take to collect payment : West Coast Sports has total sales of $318,000, cost of goods sold of $241,000, and an average receivables balance of $38,200. How long on average does it take to collect payment from a customer?

The gas sample is known to be a mixture of ethane and butane : A gas sample is known to be a mixture of ethane and butane. A bulb having a 230.0-cm3 capacity is filled with the gas to a pressure of 97.5 × 103 Pa at 23.1oC. If the weight of the gas in the bulb is 0.3554 g, what is the mole percent of butane in..

Calculate the resistance of the wire : The magnetic flux that passes through one turn of a 10-turn coil of wire changes to 5.0 Wb from 6.0 Wb in a time of 0.086 s. The average induced current in the coil is 185A. What is the resistance of the wire

What is the value of the inventory account : A firm has a current ratio of 1.8, a quick ratio of 0.7, and current liabilities of $1,200. What is the value of the inventory account?

Obtain the speed of the electron : An electron moves in a circular path perpendicular to a constant magnetic field with a magnitude of 4.50 mT. obtain the speed of the electron

User Account

All Pages